Burlington Stores, Inc. (NYSE:BURL – Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $230.01 and last traded at $230.0680, with a volume of 45871 shares traded. The stock had previously closed at $232.24.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Evercore reissued an “outperform” rating and set a $400.00 target price on shares of Burlington Stores in a research note on Monday, August 17th. Wells Fargo & Company set a $370.00 target price on shares of Burlington Stores in a report on Friday, August 28th. Sanford C. Bernstein decreased their price objective on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating for the company in a research note on Friday, August 28th. Morgan Stanley lowered their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a research note on Friday, August 28th. Finally, Bank of America raised their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $370.75.
Check Out Our Latest Stock Analysis on BURL
Burlington Stores Stock Performance
Burlington Stores (NYSE:BURL – Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.72 EPS. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, research analysts forecast that Burlington Stores, Inc. will post 12.65 EPS for the current fiscal year.
Insider Activity at Burlington Stores
In related news, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. This represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of BURL. Sequoia Financial Advisors LLC raised its holdings in shares of Burlington Stores by 2.9% in the second quarter. Sequoia Financial Advisors LLC now owns 4,064 shares of the company’s stock valued at $1,287,000 after buying an additional 115 shares during the last quarter. Tidal Investments LLC grew its holdings in shares of Burlington Stores by 6.4% during the second quarter. Tidal Investments LLC now owns 13,215 shares of the company’s stock worth $4,187,000 after buying an additional 800 shares during the last quarter. National Pension Service increased its position in Burlington Stores by 114.6% in the 2nd quarter. National Pension Service now owns 10,150 shares of the company’s stock valued at $3,216,000 after acquiring an additional 5,420 shares during the period. WINTON GROUP Ltd acquired a new position in Burlington Stores in the 2nd quarter valued at about $1,130,000. Finally, Engineers Gate Manager LP purchased a new stake in Burlington Stores during the 2nd quarter valued at approximately $1,526,000.
About Burlington Stores
Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.
Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.
The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.
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